BraunAbility Announces Plans to Move Global Headquarters, Research & Development to Carmel

BraunAbility is moving its headquarters
to Carmel. The Indiana Economic Development Corporation says the
company will locate its global headquarters in Carmel’s Lakeside
Green Business Center, while also building a new 20,000-square-foot
Research & Development and Technology Center in the city.
Manufacturing operations will stay in Winamac.

BraunAbility expects to move some of
its current employees to the new Carmel headquarters, but the company
says most of those workers currently commute to Winamac from outside
of Pulaski County. Plans call for the creation of 68 new jobs at the
Carmel headquarters, but new engineering and finance positions may
also be added in Winamac in the coming years. An IEDC press release
says BraunAbility will invest $7.5 million in the expansion effort,
while the IEDC has offered up to $1.3 million in conditional tax
credits, with additional incentives from the City of Carmel.

Company executives and Lieutenant
Governor Suzanne Crouch unveiled the plans at an event in Carmel
Wednesday. Crouch notes that BraunAbility is the largest employer in
Pulaski County and says the new headquarters “will benefit not just
Carmel, but future manufacturing needs in Winamac, providing
opportunities for long-term domestic and international growth.”

BraunAbility President and CEO Staci
Kroon adds, “Winamac, Indiana is the birthplace of our company and
will remain the heart and soul of the company as its primary
manufacturing center.” Kroon says the new facilities are key to the
company’s long-term recruitment and retention strategies.

The new headquarters is expected to
open in June, followed by the technology center next year.
BraunAbility was acquired in 2015 by Patricia Industries, which is
part of the Sweden-based firm Investor AB.